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Other Fields Homework Help Economics Topic started by: apadong on Jun 27, 2017



Title: Because public goods are characterized by being collectively consumed,
Post by: apadong on Jun 27, 2017
Because public goods are characterized by being collectively consumed,
A) the government cannot produce them.
B) the private sector may not provide them because they cannot exclude those who do not pay.
C) they are illegal.
D) they are very expensive, thus the private sector cannot provide them.


Title: Re: Because public goods are characterized by being collectively consumed,
Post by: Akshtsaklani21 on Jun 27, 2017
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Title: Re: Because public goods are characterized by being collectively consumed,
Post by: apadong on Aug 25, 2017
Update: Correct!